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http://mifosforge.jira.com/browse/MIFOS-5603?page=com.atlassian.jira.plugin.system.issuetabpanels:all-tabpanel
]
Lukasz Chudy updated MIFOS-5603:
--------------------------------
Description:
As of Mifos 2.3.2 release, Mifos now supports Principal Pre-payment option for
"Declining Balance" and "Declinging Balance - Equal Principal Installment"
interest types.
Reflect this new Pre-payment option on Loan Payments spec page:
http://mifos.org/functional-specifications/transaction-processing/loan-payments
and in the 'How to make transactions for a loan account' section:
http://en.flossmanuals.net/mifos-user-manual/how-to-make-transactions-for-a-loan-account/
was:
As of Mifos 2.3.2 release, Mifos now supports the Declining Balance with
Monthly Interest Recalculation interest methodology. Previous releases only
supported daily recalculation of interest.
Reflect this new calculation on the Interest Calculations for Loan Accounts
spec page:
http://mifos.org/functional-specifications/system-processing/interest-calculations-loan-accounts
and in the How to Define New and Change Existing Loan Products section:
http://en.flossmanuals.net/mifos-user-manual/how-to-define-new-and-change-existing-loan-products/
Summary: Update User Manual and Functional Spec for support of
Principal Pre-payment feature (was: Update User Manual and Functional Spec for
support of Declining Balance with Monthly Interest Recalculation feature)
I changed the description of the ticket because MIFOS-5182 is no longer related
to adding monthly option in declining balance interest recalculation but only
to adding Principal Pre-payment option for "Declining Balance" and "Declinging
Balance - Equal Principal Installment" interest types.
> Update User Manual and Functional Spec for support of Principal Pre-payment
> feature
> -----------------------------------------------------------------------------------
>
> Key: MIFOS-5603
> URL: http://mifosforge.jira.com/browse/MIFOS-5603
> Project: mifos
> Issue Type: Dev Task
> Components: Documentation
> Reporter: Ed Cable
> Labels: VinoliaI, documentation
> Fix For: Margaret H
>
>
> As of Mifos 2.3.2 release, Mifos now supports Principal Pre-payment option
> for "Declining Balance" and "Declinging Balance - Equal Principal
> Installment" interest types.
> Reflect this new Pre-payment option on Loan Payments spec page:
> http://mifos.org/functional-specifications/transaction-processing/loan-payments
> and in the 'How to make transactions for a loan account' section:
> http://en.flossmanuals.net/mifos-user-manual/how-to-make-transactions-for-a-loan-account/
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